Duggan's zoning attorney, Rolando Acosta, said that the property is made up of eight city lots.

Currently the 17,590-square-foot lot has an industrial zoning.

"The lots are a little narrow and short. To get a good sized home you need a little more floor area ratio," Acosta said.

Expected to be sold by the end of March, the building will be demolished and construction on the homes would start in the fall at the earliest, Acosta said.

A new neighborhood group, the West Town Neighbors Association (WTNA), which encompasses parts of the 1st and 26th wards, plans to discuss the homes at its quarterly meeting at 6:30 p.m. Thursday.

Held at the Ukrainian Cultural Center, 2247 W. Chicago, the meeting will also include Ald. Roberto Maldonado (26th), the group said. The meeting is for residents who live between the boundaries of Damen and Western avenues to the east and west, and Chicago and Grand avenues to the north and south.